Corporate Governance Outline
Board
- Ex-officio (Please see “Information on Board Committee and their Activities” in the Transparency Seal
- Appointive and also the “Board level Committees Accomplishment Report” of this Outline)
- Corporate Governance Assessment Seal
- Approved Schedule of Board meetings
- Board Orientation Program
- Board Training
Role of Board in Corporate Strategy
- How does the Board oversee the implementation of the Corporate Strategy?
- When did the Board reviewed the Corporate Strategy?
Code of Ethics
- Explain who is covered by the Code
- Who is required to comply with the Code
- How do they monitor compliance to the Code?
Board and Board-level Committees Accomplishment Report
- Board
- Corporate Governance Committee
- Audit Committee
- Risk Oversight Committee
- Credit Committee
- Finance and Business Development Committee
Access to Information (Board materials) - At least three (3) working days prior to scheduled meeting; pursuant to BR No. 2006 Series of 2008
Internal Control (including Internal Audit) - Please see pages 16-20 of the Manual of Corporate Governance
Risk Management System (Please see “Information on Material Risk Factors and Measures taken to Manage Risk” in the Transparency Seal)
Board Appraisal System
Corporate Secretary Profile (Please see Item 1 of the 2017 Board Accomplishment Report)
PES (Please see PES under Governance Matters in the Transparency Seal)
Disclosures and Transparency (At least 2013 –present disclosures)
Annual Audited Financial Reports (Please see Transparency Seal for complete details of the Annual Audits Financial Reports)
Annual Reports (Please see Transparency Seal for complete details of the Annual Reports)
- State the location of the following information in the annual report/audited financial reports:
- Corporate Objectives (Please see Page 4 of 2016 Annual Report)
- Financial Performance Indicators (Please see pages 28-39 of 2016 Annual Report)
- Non-financial Performance Indicators
- Details of Whistle Blowing Policy
- Biographical details (at least age, qualifications, date of first appointment, relevant experience,and any other directorships of listed companies) of directors/commissioners
- Training and/or continuing education program attended by each director/commissioner
- Review of GOCCs material controls (including operational, financial and compliance controls) and risk management systems
- Statement from the Board of Directors or Audit Committee commenting on the adequacy of the GOCC’s internal controls/risk management systems
Corporate Social Responsibility (Please see CSR Statement in the Transparency Seal and home page website for activities)
Welfare (policies, program and relevant data)
- Policies
- Activities
Interaction with the communities
- Policies
- Activities
Environmentally-friendly value chain
- Policies (see page 32 of the Manual of Corporate Governance)
- Activities
Contact details for complaints of other stakeholders
Employees welfare and development (see page 32 of the Manual of Corporate Governance)
Training and Development Roadmap
Summary of Training
Complaints and Redress Mechanism/Whistle blowing policy and procedures (including protection of reporting employee/s for retaliation) (Please see page 20 of PhilEXIM Citizen’s Charter)
